How did the sharpest global slowdown in more than six decades happen, and how can recovery be made sustainable? This publication traces the causes, course and consequences of the "Great Recession". It explains how a global buildup of liquidity, coupled with poor regulation, crea…
La crisi che stiamo vivendo è stata sovente rappresentata come un fenomeno naturale imprevedibile: un terremoto, uno tsunami. Oppure come un incidente capitato a un sistema, quello finanziario, che di per sé funzionava perfettamente. In realtà è stata il risultato di una rispost…
In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice. Citizens must be able to …
Politics in the age of austerity
In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice.
"This volume uses state of the art models from the frontier of macroeconomics to answer key questions about how the economy functions and how policy should be conducted. The contributions cover a wide range of issues in macroeconomics and macroeconomic policy. They combine high …
"This volume focuses on the aftermath of the euro crisis and whether the reforms have brought about lasting changes to the economic and political structures of the crisis countries or if the changes were short-term and easily abandoned post-bailout and post-recovery. Starting wi…
"The euro was generally considered a success in its first decade. Nevertheless, the 'unanticipated' financial crisis in the summer of 2007 has developed gradually into the worst global economic crisis in post-war economic history and a sovereign debt crisis, calling into questio…
As Pogo once said, "We have met the enemy and he is us." In this book the author offers a scathing assessment of fiscal blunders in foreign lands, and details how economic repercussions are sure to be felt on American soil. Financial bubbles grew and burst, not only in the U.S. …
"This book is the first to address the multi-faceted influence of the global financial crisis on the national constitutions of the countries most affected. By tracing the impact of the crisis on formal and informal constitutional change, sovereignty issues, fundamental rights pr…